The well-known Blockchain Tracker Whale Alert, which monitors large cryptocurrency transfers, discovered a massive XRP shift that took place on Friday evening.
The community responded to the heated debate, supposing the targets of that transfer and sought to identify the wallets involved. However, data provided by additional sources revealed the crypto giant behind this massive XRP transaction.
🚨🚨🚨🚨35,000,000 #xrp (107,775,259 USD) transferred from unknown wallet to unknown wallet https://t.co/59psuvdxjh
– Whale Alert (@Whale_Alert) August 15, 2025
35,000,000 XRP when travelling due to ripple
According to the data source above, an impressive 35,000,000 XRP of $107,775,259 was transferred between two anonymous blockchain addresses about 13 hours ago.
Commentators began talking about how whales abandon XRP and the bearish altcoin market is approaching and expressing similar opinions.
However, data issued by XRPSCAN revealed that this transfer was made internally by the Ripple Blockchain giants between wallets called the Ripple 50. The goal is to move funds into crypto exchanges, move them to XRP-based ETPs, make other investments, or cover Ripple’s current operating expenses.
Ripple completes August Escrow withdrawal than usual
Over the past two weeks, the XRP community has been speculating about whether Ripple has stopped withdrawing regular escrows. Since 2018, the company has released 1 billion coins per first day of the new month.
Over the past few months, this schedule has shifted a bit, but with August coming, the release has been delayed many times.
However, last weekend, the blockchain giant finally moved 1 billion XRP tokens out of escrow, ending all speculation on the subject.
